Second carbon auction this year fails as buyers sit tight

Second carbon auction this year fails as buyers sit tight
The second carbon auction this year has failed to interest the market. (Image: Getty)
Ian Llewellyn
The second carbon auction of the year has failed because there were not enough bids above the confidential reserve price to clear all the units on offer.The first auction earlier this year was also declined. Some active in the market believe there is every chance the last two auctions of the year will follow the same pattern, mainly because of the large degree of uncertainty about policy direction and a lack of confidence in the market.The auction operator is likely to release more details about the bids received later on Wednesday.On...

More Policy

Exporter eyes golden growth from revamped investor visa
Retail

Exporter eyes golden growth from revamped investor visa

Could a foreign investor be the solution to Anihana's quest for capital?

PPP no go for big Auckland busway bash
Policy

PPP no go for big Auckland busway bash

The Government is open to using a levy system to help pay for the Auckland busway.

Oliver Lewis 28 Apr 2025
Apprenticeships to be moved to new industry skills boards
Policy

Apprenticeships to be moved to new industry skills boards

Vocational Education Minister says new training model will help build skills.

Maria Slade 24 Apr 2025
Ministry of Justice seeks market feedback on courthouse PPPs
Policy

Ministry of Justice seeks market feedback on courthouse PPPs

Want to build and maintain three courthouses for 25 years? Now's your chance.

Oliver Lewis 24 Apr 2025